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Average Insurance Appraisers, Auto Damage Salary in Detroit-Warren-Dearborn, MI

The average salary for a Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI is $73,590. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $73,590 per year.
  • Growth Trend: Salaries have shifted 1.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,580.
  • Outlook: The current demand for Insurance Appraisers, Auto Damages is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Detroit-Warren-Dearborn, MI economy.
2024 Market Data

Salary Overview

$73,590

The average Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI earns-4.5%below the national average.

BreakdownBased on 40h/week
Hourly

$35.4

Weekly

$1,415

Monthly

$6,133

Insurance Appraisers, Auto Damage Salary Distribution in Detroit-Warren-Dearborn, MI

The earning potential for Insurance Appraisers, Auto Damages in Detroit-Warren-Dearborn, MI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $58,410, while highly experienced professionals can command wages upwards of $85,580.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,410$28.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,193$26.5
ManagerOversees team, compliance, and project delivery.50% (Median)$75,210$36.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,988$44.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$85,580$41.1

Detailed Insurance Appraisers, Auto Damage Market Analysis

Relocation Context

Nominal Salary

$73,590

Gross Pay

Real Wage (Purchasing Power)

$73,590

Adjusted for COL (100)

In Detroit-Warren-Dearborn, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $73,590 to $73,590.

Job Market Context

60

Total Jobs

0.032

Per 1K Jobs

0.63

Location Quotient

Below Average

Detroit-Warren-Dearborn, MI has 0.63x the national average concentration of Insurance Appraisers, Auto Damage jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

60 people work as Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI.

Only 0.032 out of every 1,000 local jobs are Insurance Appraisers, Auto Damage roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Insurance Appraisers, Auto Damages?

Frequently Asked Questions

How much does a Insurance Appraisers, Auto Damage make in Detroit-Warren-Dearborn, MI?

The median annual salary for a Insurance Appraisers, Auto Damage in Detroit-Warren-Dearborn, MI is $73,590. This typically ranges from $58,410 for entry-level positions to $85,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Detroit-Warren-Dearborn, MI is 4.5% lower than the national median of $77,050.

Is Detroit-Warren-Dearborn, MI a good place for Insurance Appraisers, Auto Damages?

It depends on your priorities. While the average Insurance Appraisers, Auto Damage salary in Detroit-Warren-Dearborn, MI is $73,590 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Detroit-Warren-Dearborn, MI. See distinct detailed breakdown below.

Is Detroit-Warren-Dearborn, MI a good place to live for Insurance Appraisers, Auto Damages?

The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Detroit-Warren-Dearborn, MI area with a job density of 0.032 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.